Staying HOME: Property and Asset Management
Course Description
As we move into the second decade of the HOME Program, many communities have an ever-expanding portfolio of HOME rental properties. It is thus increasingly important that these properties are well managed and operated in compliance with the HOME rules. Staying HOME focuses on how to evaluate and enhance the long-term value of your HOME Program units through property and asset management. The course will include in-depth discussions on issues such as analysis of development and financial options, property management options, rental portfolio management, intervention strategies for troubled projects, and actions in the event of foreclosures. Participants will learn how to spot “early warning signals” in troubled projects, and oversee rental projects to ensure that these projects continue to meet HOME requirements and provide an affordable housing resource over the long term. This is an advanced course intended for local and state grantees and nonprofit developers with significant experience with HOME program rules. A minimum of one year of HOME experience with rental housing responsibilities is required for attendance at this course.
Who Should Attend
This is an advanced course that is intended for local and state grantees and developers (primarily nonprofits) with strong experience with the HOME program rules. A minimum of one year of HOME experience with rental housing responsibilities or attendance at a HOME Certified Specialist class is required for attendance at this class.
Course Agenda
Course Locations and Dates
TBD
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